This time American is kicking things off with an increase of $10 per roundtrip for domestic trips. If the carrier is successful this will mark the seventh hike this year.
JetBlue and AirTran Airways have said they haven't increases prices; United, Continental and Southwest decline to comment. The reason for all the hikes is surging fuel prices. The last time we saw this kind of activity was in 2008, just before the Great Recession settled in.
What can we expect the future to hold? Rick Seaney, CEO of travel website FareCompare.com, told the Associated Press and Bloomberg News that if the pattern of 2008 holds, the airlines may attempt weekly raises through the end of April.